Sold

24 W State St Unit 0, Granby, MA

Granby · MA 01033

$2,800,000
Price
34
Beds
32
Baths
14500
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1998
Units: 32 Units
Lot size: 2.2 Acres Lot
Price per square foot: $207 / Sq.Ft
Parking: 40 Off Street Spaces

About this home

Stony Brook Lodge is located in 3 different buildings and has a total of 32 apartments. Has 2 -2 bedroom, 4 rm apts, and 30 - 3 rm, 1 brm apts. - Located on Rt. 202-Presently,rented out with 1 year leases or buyer has option to rent out furnished units for corporate housing with Motel/Hotel license included with the sale. Units include central heat, central a/c, gas hot water, wireless internet and cable TV. Two laundry rooms with a total of 4 washers and 4 gas dryers. NOI- $286,476.00, Cap Rate - over 9 %.Owner will financing to qualified buyer with 25 % down, 3 yr. arm. Non smoking in all 3 buildings. Potential buyer needs proof of funds and pre approval letter to view apartments. Apartments are 100 % occupied and 0 vacancy rate. Attracts Mt. Holyoke College, U. Mass. Hampshire College grad students as well as Town employees from S. Hadley, Ludlow, Springfield, and Chicopee. Holding all last mos. and security deposits on 31 units. Sec. deposit in the amount of rent.

Neighborhood & Transit

24 W State St, Granby · MA 01033

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
2596 days
Listing Price:
$2,999,000
Price per Sq.Ft:
$207
Tax Assessment:
$2,000,000 in 2018
Taxes:
$1,595 / Monthly

Home Facts

Interior Features

Bedrooms
34
Full Bathrooms
32
Half Bathrooms
0
Living Area
14,500 Sq.Ft
Broker Disclosure about Living Area
0
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
Unknown
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
95,832 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
40 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Diane Bernashe - Lecca
Listing office
Bernashe Realty, Inc
MLS PIN #
72372680